Nu Ride Inc 2025年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedSeptember 30,2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from to Commission File Number:001-38821 NU RIDE INC.(Exact name of registrant as specified in its charter) 83-2533239(I.R.S. EmployerIdentification No.) Delaware(State or Other Jurisdiction ofIncorporation or Organization) 1700 Broadway, 19th FloorNew York,New York10019(Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code:(212)202-2200 Securities registered pursuant to Section 12(b) of the Act: None Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) ofthe Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.Yes☒No☐ As of November 13, 2025, there were16,096,296shares of the registrant’s Class A common stock outstanding. TABLE OF CONTENTS Item 1.Financial Statements (Unaudited)4Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 20244Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and nine monthsended September 30, 2025 and 20245Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three and nine months endedSeptember 30, 2025 and 20246Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2025 and 20248Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations26Item 3.Quantitative and Qualitative Disclosures About Risk31Item 4.Controls and Procedures31 Item 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 3.Defaults Upon Senior Securities32Item 4.Mine Safety Disclosures32Item 5.Other Information32Item 6.Exhibits33 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This report, including, without limitation, statements under the heading “Management’s Discussion and Analysis of FinancialCondition and Results of Operations,” includes forward-looking statements within the meaning of Section 27A of the Securities Act of1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).These forward-looking statements can be identified by the use of forward-looking terminology, including the words “believes,”“estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “potential,” “projects,” “predicts,” “continue,” “could” or“should,” or, in each case, their negative or other variations or comparable terminology, although not all forward-looking statementsare accompanied by such terms. There can be no assurance that actual results will not materially differ from expectations. Suchstatements include, but are not limited to, any statements regarding our intentions, beliefs or current expectations concerning, amongother things, our results of operations, financial condition, liquidity, financial or operational prospects, growth, strategies, and possiblebusiness combinations and the financing thereof, and related matters, and any other statements that are not statements of current orhistorical facts. By their nature, forward-looki